Government adopts Proposal for Amendments to the Budget in the amount of 690 million KM

At the continuation of the 15th session, the Government of Sarajevo Canton today adopted the Proposal for Amendments to the Budget of Sarajevo Canton for 2015 in the amount of 690,022,000 KM and, together with the Amendments to the Law on the Execution of the Budget for 2015, forwarded it to the parliamentary procedure, reports the Patria news agency.   

For total current expenditures, which include salaries and employee compensation, employer contributions, and expenditures for materials and services for all budget users, an amount of 331,866,000 KM is planned. Current transfers are planned in the amount of 221,765,500 KM, and capital transfers and expenditures amount to 71,492,200 KM. Expenditures on loan obligations amount to 6,322,400 KM.

With an accumulated deficit from previous years of 25,693,100 KM and a current reserve of 3,200,000 KM, 26,775,200 KM is allocated for debt repayment, and funds for lending amount to 2,907,600 KM, the Government of Sarajevo Canton announced.